Soybean prices give up gains as U.S. Supreme Court overturns Trump tariffs

The ruling stated that Trump's use of the Federal Emergency Powers Act to impose tariffs exceeded his authority. Soybean futures fell as much as 1.7% after the ruling was announced, marking the largest drop since January 12. Corn futures gave up gains but later recovered most of the lost ground. Wheat futures narrowed their gains but then rebounded higher.